Gap Lending Opportunity - Seminole, FL
We are looking for a gap funding lender to cover 5% of the refinance of the construction loan, or $8,700.00, with the option to increase up to 10% or $17,400.00.
Address: 12390 91st Ave, Seminole, FL 33772
- • Cash out of Rehab Loan
- • Owner Occupied: No
- • ARV: $290,000.00
- • New Loan: $174,000.00
- • CLTV: 60%
- • ICM Funds: $165,300.00
- • Gap Lender: $8,700.00
- • Interest Rate: 12%
- • Terms: 360 months
- • Balloon: 60 months
- • Default Rate: 14.99%
PM me for more info!
Offering